Sandcastle In Bridgehampton Available To Rent … For The Right Price

Want to ride out the coronavirus pandemic in the Hamptons, and have an extra $2 million lying around?

Then Joe Farrell’s Sandcastle estate in Bridgehampton just might be the ticket for you.

What you get is the estate at 612 Halsey Lane on 11.5 acres that was built and is owned by Joe Farrell, who owns the well-known Hamptons construction firm Farrell Building Company. Amenities include a baseball field and tennis court outside, and, inside, a spa and Jacuzzi, bowling alley, golf simulator, half-pipe, and other cool stuff that take up much of the home’s 17,000 square feet.

The estate gained national attention a few years ago when Jay-Z and Beyonce rented it for a month. Justin Bieber stayed there, too.

Typically only available to rent from Memorial Day to Labor Day, the estate — complete with nine fireplaces — was recently listed on Out East for a rental beginning immediately and running through Memorial Day.

Act fast, though, given the groundswell of New Yorkers escaping the city in light of the coronavirus pandemic, it may not be available for long.

According to an article in the New York Post, Mr. Farrell is listing all the homes he currently has on the sales market as rentals now through Labor Day.

In recent months, a variety of rental scams have targeted people looking for housing on the East End. While many renters were able to avoid the schemes after they wised up to what was happening, others have fallen victim. Scammers, who could be from out of state or even in another country, often use online advertisements that make it difficult for authorities to track them down. While police reports are somewhat frequent, arrests related to such scams are rare. As the public and the police catch on to the latest scams, grifters change their tactics. The best defense for renters ... by Brendan J. OReilly

New York State Assemblyman Fred W. Thiele Jr. of Sag Harbor bucked his caucus last week when he voted against legislation to prevent evictions during the COVID-19 crisis. A member of the Independence Party who caucuses with the Democrats, Mr. Thiele said in a statement Monday that the legislation, which ultimately passed the Assembly, was too broad. “As was the case with the 2019 Housing Act, this legislation fails to make a distinction between primary residences and seasonal rentals,” Mr. Thiele said. “The vagueness in these laws could lead to the possibility that a court will interpret these provisions as ...1 Jun 2020 by Brendan J. OReilly

Governor Andrew Cuomo’s moratorium on evictions during the COVID-19 crisis is overlapping with the first summer rental season that landlords are prohibited from collecting rent for a tenant’s entire stay upfront — though whether landlords really cannot get paid in advance is still a matter of debate. Either way, the convergence of the two issues had raised concerns among landlords and brokers alike that laws and executive orders meant to protect renters who are down on their luck can be abused by squatters who have the ability to pay but choose not to. The worry brought about by the state’s ...26 May 2020 by Brendan J. OReilly

A 1.2-acre Wainscott property with a 7,300-square-foot residence that overlooks Wainscott Pond and has ocean views has sold for $10.5 million, according to The Real Estate Report Inc. Built in 1992, the residence at 60 Beach Lane has eight bedrooms and 7.5 bathrooms. The two above-grade levels have a formal dining room, a library, an open kitchen, a dining room and a den. Both the living room and den have double-height ceilings. The finished basement offers a gym, wine cellar and laundry. Also among the amenities are a heated gunite pool and spa. Michael Schultz had the listing for Corcoran. ...25 May 2020 by Staff Writer

A modern estate in Southampton Village that was completed last year recently sold for $18 million, just $1 million shy of its asking price, according to The Real Estate Report Inc. Three separate structures — a main house, a pool house and a guest house — on 1.9 acres total 9,100 square feet. The main house has five bedrooms and 5.5 bathrooms. A double-height living room with a fireplace, a dining area, an eat-in chef’s kitchen and a den are all light-filled through the wall of glass that overlook the backyard. On the lower level, there’s a bar/lounge area, a ... by Staff Writer

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